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KAR Reports Higher Revenue, Profit

KAR Reports Higher Revenue, Profit Featured

KAR Auction Services Inc. reported revenue of $771.8 million in the second quarter, as compared with revenue of $658.3 million for the second quarter of 2015.Net income for the second quarter increased to $61.8 million, as compared with net income of $59.5 million in the second quarter of 2015. The company also announced a cash dividend of $0.29 per share on the company’s common stock.
Last modified on Wednesday, 10 August 2016 15:29
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